Report: Apple to acquire Beats Electronics for $3.2 billion

Largest-ever Apple acquisition to include Beats' headset and streaming divisions.

We're not sure if this is how Apple will announce its acquisition of Beats Electronics, should the reported deal complete by next week, but we're partial to it.

According to a Financial Timesreport (subscription required), Apple is set to announce its acquisition of headphone manufacturer Beats Electronics for $3.2 billion "as early as next week." The company, currently the American leader in headphone sales, was founded in 2008 by Interscope Records chairman Jimmy Iovine and hip-hop legend Dr. Dre, and it expanded this year with a subscription-based online music service, called Beats Music, that currently competes with Apple's own iTunes Radio offering.

Though the FT report warned that "some details had yet to be agreed [upon] and talks could still fall apart," the acquisition of both the company's headphone and online service divisions would be Apple's largest ever should it proceed at the reported value. In both respects, such a transition would likely be smooth, as Beats Electronics headsets already enjoy a presence in Apple Stores, and the two companies previously collaborated on a potential shared online service in the past, meaning that this merger may very well seamlessly combine the companies' current online-music services.